sources and has a lower impact on the environment than fossil energy; (6/1)1 “ state ” means: (a) government administration; (b) government organization under the Law on Establishment of Government

Policy Committee (MPC) resolved to lower the Thai policy rate to 1.50 percent from 1.75 percent – its first such move in four years – in its meeting held on August 7, 2019. Thailand Economic Growth Sources

revenue of 5,651 million baht, an increase of 5 million baht, which was at the same level as last year. In the third quarter of 2019, credit card revenue was 1,897 million baht, a decrease of 17 million

recognize revenue from 4 January 2019 by Baht 36.05 million . 3.2 Income from installation and sale of water treatment systems decreased by Baht 55.75 million, the major decrease was from the turnkey

support and commission. 5) Other revenues were 92 million Baht lower than 2016 18 million Baht or 23.9%. Mobile Handset and Accessories revenue contributed 79.8% in total revenues. While income from Debts

revenues. The ability to maintain low financial cost due to the replacement long term loan with lower rate as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by

full business and also the impact of the lower cost of fuel from the later shipments in 2018. Efforts continue to optimize cost further with a number of projects in the pipeline most notably on

. Similar trends are reflected in H1 2018 performance where the increased volumes led to an 9% rise in revenue. On the costs SG&A while higher year on year in absolute terms was lower as a percentage of

business is generally lower margin than MACO’s core business, net profit margin slightly decreased to 14.4% from 22.9% in 3Q 2017. Nevertheless, we believe that MACO will benefit from economies of scale

renewal. Moreover, the rent rate charged by the connected person is deemed to be lower than the market rate and remains at the same rate as that under the existing lease agreement ( lease term from April 1